Market Share of Aircraft Switches Industry
The aircraft switches market is fragmented in nature due to the presence of a large number of local and global players. Some of the key players in the market are Safran SA, Honeywell International Inc., RTX Corporation, Eaton Corporation plc, and Electro-Mech Components Inc.
An aircraft contains a lot of switches of various types and sizes. Suppliers of these switches are different, and thus, each aircraft includes a handful of switch suppliers, making the market fragmented. Players in the market are tailoring their product offerings to the requirements of aircraft manufacturers to gain new contracts. For instance, as of July 2023, Alto Aviation installed more than 250 Gulfstream business jets with its digital audio systems and Cadence switch panels. Alto audio systems are standard equipment on current production Gulfstream aircraft. They are available as aftermarket upgrades for older models, including the GV/550, the GIV/450/400, the GIII/300, the G200, the G150, and the G100/Astra.
Aircraft Switches Market Leaders
Honeywell International Inc.
Collins Aerospace (RTX Corporation)
Eaton Corporation plc
Electro-Mech Components, Inc.
Safran SA
*Disclaimer: Major Players sorted in no particular order
